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    Property profile & analytics

    405 E Rosecrans Ave Gardena, CA 90248

    • Car washes
    • 1,647 SF
    • 0.47 lot acres
    For Sale
    View listing
    $2,075,000
    Last Sale
    Feb 03, 2022
    $2,025,020
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-8857219
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Tacos Los Cuñados / Restaurant
    • MORE THAN SOUL / Restaurant
    • Local Portable Toilet / Building Supply

    Property Details for 405 E Rosecrans Ave

    Year built
    1960
    Lot size
    0.47 lot acres
    Property size
    1,647 SF
    Zone code
    LCM2*
    Property type
    Car washes
    APN
    6131-014-025
    APU
    6131014025

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,340,000
      ML approach
      $2,445,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,221,000
      Market price range: $332k - $2.22M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Gardena
    County
    Los Angeles
    State
    California
    Longitude
    -118.269
    Latitude
    33.9023
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $19,728
    $1,425,348
    $130,050
    $1,555,398
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $820,000
      6,327 SF

      16101 Avalon Blvd

      CAR WASH • 6,327 SF
      16101 Avalon Blvd, Gardena, CA 90248-2905
      View Details
    • Value Estimation by Request
      864 SF

      17107 Main St

      PARKING LOT • 864 SF
      17107 Main St, Gardena, CA 90248-3127
      View Details
    • Value Estimation
      $3,765,000
      481 SF

      250 Rosecrans Ave

      VEHICLE SALES, RENTALS • 481 SF
      250 Rosecrans Ave, Gardena, CA 90248-1832
      View Details
    • Value Estimation
      $630,000
      308 SF

      18130 Western Ave

      SERVICE STATION (FULL SERVICE) • 308 SF
      18130 Western Ave, Gardena, CA 90248-3626
      View Details
    • Value Estimation
      $1,095,000
      69,000 SF

      156 Gardena Blvd

      PARKING LOT • 69,000 SF
      156 Gardena Blvd, Gardena, CA 90248
      View Details
    • Value Estimation by Request
      4,150 SF

      406 Alondra Blvd

      AUTO REPAIR, GARAGE • 4,150 SF
      406 Alondra Blvd, Gardena, CA 90248-2902
      View Details

    Similar Nearby for Sale

    • $2,075,000

      Car Wash and Vacant Lot

      Car wash and vacant lot on a major corner.
      405 E Rosecrans Ave, Gardena, CA 90248
      View Details
    • $4,700,000
      6,327 SF

      Gardena Car Wash - Prime Location

      Turn-key car wash, high-end equipment, huge lot.
      16101 Avalon Blvd, Gardena, CA 90248
      View Details
    • $4,750,000
      19,292 SF

      Gardena Industrial Property For Sale

      19,292 SF industrial property in Gardena, California.
      400 W Alondra Blvd, Gardena, CA 90248
      View Details
    • $1,275,000

      Industrial Storefront with Ample Parking

      Industrial storefront with offices, workshop, and parking for sale.
      16911 S Broadway, Gardena, CA 90248
      View Details
    • $5,500,000
      19,292 SF

      400 Alondra Blvd, Gardena, CA 90248

      Industrial properties • 19,292 SF
      400 Alondra Blvd, Gardena, CA 90248
      View Details
    • $1,390,000
      2,450 SF

      Turnkey Multifamily Property with Warehouse

      Remodeled 4-unit plus warehouse in Gardena, offering income and potential.
      15328 S San Pedro St, Gardena, CA 90248
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      85,377 SF

      Gardena Land for Lease

      1.96 acres of paved, lit, and secured land available.
      14930 S Main St, Gardena, CA 90248
      View Details
    • $1.90 SF/Yr
      7,395 SF

      Gardena Blvd Multi-Tenant Building

      Multi-tenant building with automotive use permitted and frontage on Gardena.
      123 E Gardena Blvd, Gardena, CA 90248
      View Details
    • $39 SF/Yr
      107,855 SF

      Gardena Office Space For Lease

      Prime Gardena Office, Restaurant Space Available
      879 190Th St, Gardena, CA 90248
      View Details
    • Contact for pricing
      25,192 SF

      Gardena Warehouse/Distribution/Retail Opportunity

      Warehouse, distribution, showroom, and retail uses near 405 Freeway.
      1361 W 190Th St, Gardena, CA 90248
      View Details
    • Contact for pricing
      457,380 SF

      Gardena Retail Land Opportunity

      Prime 10.5-acre retail site, fully vacant.
      777 190Th St, Gardena, CA 90248
      View Details
    • Contact for pricing
      60 SF

      Warehouse Distribution Facility For Rent

      State-of-the-art warehouse/distribution facility featuring ESFR sprinklers and high power.
      18001 Main St, Gardena, CA 90248
      View Details
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    Gardena, CA 90248
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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